Whilst next week’s interest rate decision from the Bank of England looks nailed on Susannah Streeter, head of money and markets at Hargreaves Lansdown, has warned that markets could be overestimating how many rises will come after that. As of…
The Liberal Democrats are urging Prime Minister Rishi Sunak to organise an emergency summit with banks and mortgage lenders at Downing Street. This call comes amidst fears that homeowners may face financial hardship as cheaper mortgage deals are being withdrawn…
Welcome to our June Newsletter. It’s been a busy couple of months at Mc Daid Mortgages and we’ve loved helping so many new people with their first mortgage. We’ve also managed to alleviate a lot of concerns for existing customers who…
Public concern about mortgage rates and defaulting on payments is at an all-time high, according to research by the debt advisory specialists, Sirius Property Finance. Sirius Property Finance has analysed UK Google Interest Scores for mortgage-related search terms to see…
Inflation remains high and mortgage lenders are getting the jitters. Last week they began pulling mortgages and raising prices. What does it mean for homebuyers and remortgagers? Just when we thought things had settled down, another mortgage storm as erupted….
House prices in Northern Ireland saw their second consecutive quarterly fall in the first quarter of 2023. The official House Price Index saw a 1.8% decline compared to the final quarter of 2022 giving an average price of £172,000. However,…
Customers seeking a 10-year fixed mortgage deal are faced with a shrinking range of options as lenders retreat from this part of the market. Recent analysis by Moneyfactscompare.co.uk shows a discernible downturn in the provision of these decade-long fixed agreements….
Interest rates have been raised to 4.5%, putting more pressure on borrowers – particularly those on tracker mortgages, variable rates and those buying or remortgaging. The Bank of England’s 0.25% rise is the 12th consecutive hike to the base rate and…
Thank you for taking the time to read our April newsletter! Please feel free to send and share this newsletter with friends and family – we would be delighted to assist them if they have any questions Simply click the…
That’s us finished up for the Easter Holidays folks. We’ll be back on Wednesday 12th. Hope the Easter Bunny delivers plenty of eggs for everyone. Happy Easter to you all